USA invests $53 million in Armenia

USAID is investing $53 million as a grant to stimulate development of the Armenian economy, reforms, and healthcare, reports Prime-TASS.
Money will be sent starting this September until 2013. $30 million of the grant will be allocated to developing a free market and competition in the private sector in Armenia.
The other $23 million will be allocated to health-care and social services.

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